The economy has never been so relevant to so many people as it is now, and it's vital that we understand how it affects our lives. 'There's no such thing as a free lunch' is the one phrase everyone has heard from economics - not even for bankers. But why not? What does economics tell us about the price of lunch - and everything else? Free Lunch makes the economics pages of the newspaper intelligible and addresses the concerns that worry us all. Set out like a good lunch-time conversation, the book will guide you through the mysteries of the economy. Your guides will be some of the greatest names in the field, including Smith, Marx and Keynes. This clever and witty introduction costs less than even the cheapest meal. It is essential reading in these times of economic uncertainty, and is far more satisfying than even the most gourmet banquet.
I read this book almost simultaneously with my reading of "Hidden Order" and "Undercover Economist". I'll state my opinion on this book briefly: 1. This book tells you about the lives of Economists whose theories it talks about. This is good - since you learn much more than just the theories; you get to know much more about the Economists than just the theories they postulated. 2. The chapters progress from simple logic to not-so-simple theories. David Smith has written the text beautifully - it's nice to read and 'digest' this lunch. 3. One negative point - sometimes the storyline moves very slowly. There were many instances where I grew impatient with the reading and flipped pages to see where it all was leading to. The style could have been more concise. Overall, I would rate this book a 4 out of 5. It's written in a lucid style, but probably won't appeal to everyone - particularly not to those who prefer fast readups.
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